The Federal Bureau of Investigations has opened criminal inquiries into 14 companies as part of a wide-ranging investigation of the troubled mortgage industry.

All their current problems arise out of the tanking of their banking business, since investors no longer have the confidence to make deposits, or even keep existing deposits with Countrywide...So what should be the solution?

Article that provides information on some of the individuals behind the mortgage securitization and CDO repackaging machines on Wall Street. The article surveys why things went so wrong.